SUNDARAM BRAKE LININGS LIMITED
UNAUDITED RESULTS DEC 2013
Investor Information
UNAUDITED FINANCIAL RESULTS  FOR THE QUARTER / NINE MONTHS ENDED 31st DECEMBER 2013
Rs. lacs
 
Particulars
For the Quarter / three months ended
For the Nine months ended
For the Year ended
 
 
31.12.2013
30.09.2013
31.12.2012
31.12.2013
31.12.2012
31.03.2013
 
(Unaudited)
(Unaudited)
(Audited)
               
1 Income from Operations            
  (a)  Net sales /  income from operations (net of excise duty)
6,055.66
6,037.89
5,956.33
17,987.37
16,849.96
23,038.72
  (b) Other Operating Income
126.15
107.41
64.90
309.57
199.12
179.50
  Total Income from operations (net)
6,181.81
6,145.30
6,021.23
18,296.94
17,049.08
23,218.22
2 Expenses






  (a) Cost of materials consumed
3,143.48
2,853.51
2,845.23
8,911.09
8,648.64
12,079.90
  (b) Purchases of stock-in-trade
-
-
-
-
-
-
  © Changes in inventories of finished goods & work-in-progress
28.08
178.62
85.41
415.20
(252.60)
(770.64)
  (d) Employee benefits expense
904.02
863.95
911.96
2,677.18
2,727.87
3,432.87
  (e) Depreciation and amortisation expense
209.58
209.58
193.92
628.74
581.76
779.77
  (f) Other expenses
1,895.72
1,786.98
1,992.85
5,629.33
5,692.71
7,860.02
  Total Expenses ( a ... f )
6,180.88
5,892.64
6,029.37
18,261.54
17,398.38
23,381.92
3 Profit/ (Loss) from Operations before Other Income, finance cost & Exceptional items (1-2)
0.93
252.66
(8.14)
35.40
(349.30)
(163.70)
4 Other Income
9.03
9.21
10.51
29.92
24.14
52.82
5 Profit / (Loss) from ordinary activities before finance costs & Exceptional items (3+4)
9.96
261.87
2.37
65.32
(325.16)
(110.88)
6 Finance costs
77.40
72.67
87.53
222.70
256.93
299.81
7 Profit / (Loss) from ordinary activities after finance costs but before Exceptional items (5-6)
(67.44)
189.20
(85.16)
(157.38)
(582.09)
(410.69)
8 Exceptional items
-
-
-
-
-
-
9 Profit / (Loss) from Ordinary Activities Before Tax (7 - 8)
(67.44)
189.20
(85.16)
(157.38)
(582.09)
(410.69)
   






10 Tax expense






  - Current Tax
-
-
-
-
-
(0.25)
  - Previous Year's Tax
-
-
-
-
-
(45.86)
  - Deferred Tax
-
-
-
-
-
16.00
   






11 Net Profit/ (Loss) from Ordinary Activities After Tax (9 - 10)
(67.44)
189.20
(85.16)
(157.38)
(582.09)
(440.80)
12 Extraordinary Items (net)  (net of tax expense)
-
-
-
-
-
-
13 Net Profit / (Loss) for the period (11 - 12)
(67.44)
189.20
(85.16)
(157.38)
(582.09)
(440.80)
14 Paid up Equity Share Capital-Face Value-Rs.10/- each
393.46
393.46
393.46
393.46
393.46
393.46
15 Reserves excluding Revaluation Reserve as per Balance Sheet of previous accounting year





8,787.35
16 Earnings Per Share  (EPS) - in Rs.






  a) Basic and diluted EPS before Extraordinary items (not annualised) - in Rs.
(1.71)
4.81
(2.16)
(4.00)
(14.79)
(11.20)
  b) Basic and diluted EPS after Extraordinary items (not annualised) - in Rs.
(1.71)
4.81
(2.16)
(4.00)
(14.79)
(11.20)
  See accompanying note to the financial results






PART II
Select information for the quarter and nine months ended 31st December 2013, same period of previous year and previous year ended 31st March 2013
A PARTICULARS OF SHAREHOLDING            
1 Public shareholding





  - Number of shares 1,335,791 1,339,726 1,392,734 1,335,791 1,392,734 1,376,505
  - Percentage  of shareholding 34.0% 34.1% 35.4% 34.0% 35.4% 35.0%
2 Promoters and Promoter Group Shareholding





  a. Pledged/Encumbered





  - Number of shares Nil Nil Nil Nil Nil Nil
  - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) Nil Nil Nil Nil Nil Nil
 





  - Percentage of shares (as a % of the total share capital of the company) Nil Nil Nil Nil Nil Nil
 





  b. Non-encumbered





  - Number of shares 2,598,784 2,594,849 2,541,841 2,598,784 2,541,841 2,558,070
  - Percentage of shares (as a % of the total shareholding of the promoter and promoter group) 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
 





  - Percentage of shares (as a % of the total share capital of the company) 66.0% 65.9% 64.6% 66.0% 64.6% 65.0%
 





 
Particulars
3 months ended 31st December 2013
B INVESTOR COMPLAINTS  
     
  Pending at the beginning of the quarter
Nil
  Received during the quarter
Nil
  Disposed of during the quarter
Nil
  Remaining unresolved at the end of the quarter
Nil

Notes : 

1. The operations of the Company relate only to one segment viz., friction materials.

2. The above results were reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on
    22nd January 2014 and a limited audit review of the same has been carried out by the Statutory Auditors.

3. Prior period figures have been regrouped wherever necessary to conform to current period classification.

  On behalf of the Board
  For SUNDARAM BRAKE LININGS LIMITED

 

 

 
  Madurai                                               K MAHESH
  22nd January 2014 CHAIRMAN & MANAGING DIRECTOR
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